Commercial property for sale in Southampton

Description The premises are conveniently located in Test Lane, within close proximity of the M271/M27 motorways. The property is located within the area of Nursling which is a well-established warehouse and industrial location on the western side of Southampton. Also having Southampton railway station nearby means having a fast link to London Waterloo, and Southampton International Airport is located just north of the city and has range of continental and European flights. The property is a mid-terrace, light industrial/business unit, accessed via a roller shutter door benefitting from allocated parking and outside workspace. Internally, the property comprises mostly workshop space on the ground floor, suitable for a variety of users. A mezzanine has been erected within the property, providing a small office and some additional storage space. Accommodation Total internal area - 1,147sq.ft(106.56sqm) Mezzanine - 646sq.ft(60sqm) Planning Under the new planning regulations, we believe the current permitted use to be use class 'E' which includes uses such as retail, professional services, café, health clinics, indoor recreation/sport and office. All parties are advised to make their own enquiries of the local authority for confirmation. EPC Text Asset Rating - E(116) Rating Rateable Value Ground floor - £11,750 First floor - £4,050 Source - voa.gov.uk The 2024/2025 small multiplier is 0.499 (49.9p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation. Terms Available by way of a new full repairing and insuring lease for a term to be agreed at £19,000 per annum exclusive of rates VAT (if applicable) and all other outgoings. Alternatively, available to purchase the 999 year Long Leasehold interest for £275,000 exclusive of VAT with vacant possession subject to contract. Note: There is to be a service charge levied to cover communal costs Note: It is understood VAT is not payable on rents.

Commercial property for sale in Southampton, England

Light industrial for sale

Description

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